FOREIGN DIRECT INVESTMENTS IN BULGARIA 1998
| INVESTOR | COUNTRY | SECTOR | BULGARIAN COMPANY | TOWN | VOLUME IN USD |
| INIASIATIVAS ESTRANCHERIKAS | SPAIN | cement industry | MARVEX | DEVNIA | 43 112 000 |
| EBRD | International | DOMAINE BOYAR, BLACK SEA FUND, CELHART | 39 734 370 | ||
| ALICO/CEH | CYPRUS | finance | POSHTENSKA BANKA | SOFIA | 38 000 000 |
| KNAUF | AUSTRIA | industry | KNAUF GIPSFAZER AD | VIDIN | 35 040 964 |
| SHELL OVERSEAS HOLDINGS | UK | trade | SHEL BULGARIA AD | SOFIA | 34 000 000 |
| GLASINVEST LTD | GREECE, CYPRUS | glass | STIND | SOFIA | 28 625 000 |
| METRO | GERMANY | trade | METRO BULGARIA | SOFIA | 27 000 000 |
| SOLVAY | BELGIUM | industry | SOLVAY SODI AD | DEVNIA | 24 600 000 |
| EASTERN MARKET TELECOM FUND LTD | BAHAMAS | communikations | MOBILTEL AD | SOFIA | 22 756 000 |
| BAREK OVERSEAS | CYPRUS | glass | DRUZHBA AD | PLOVDIV | 20 000 000 |
| REGENT PACIFIC GROUP | UK | trade | ZUM | SOFIA | 16 678 000 |
| SEABORD OVERSEAS | USA | wine | VINPROM ROUSSE | ROUSSE | 15 000 000 |
| GAZPROM | RUSSIA | trade | OVERGAZ | 14 823 000 | |
| KUDRETMEHDY ADGAR | TURKEY | hotel | NOVOTEL EVROPA | SOFIA | 12 050 000 |
| UKOS FINCONSULT | CYPRUS | trade | UKOS PETROLEUM | 9 459 000 | |
| WHITE BEEM HOLDING | MALTA | chemistry | ORGAHIM | ROUSSE | 8 900 000 |
| AMERICAN STANDART | USA | industry | VIDIMA, IDEAL STANDARD | SEVLIEVO | 8 200 000 |
| WORLD TRADE COMPANY | USA | hotel | SOFIA HOTEL | SOFIA | 7 100 000 |
| WILLI BETZ | GERMANY | transport | SOMAT | SOFIA | 5 781 880 |
| TC ZIRAAT BANK | TURKEY | bank | BANK BRANCH | SOFIA | 5 560 000 |
| UNION MINIER | BELGIUM | industry | MDK | PIRDOP | 5 103 000 |
| EUROPAC | AUSTRIA | paper | RULON ISKAR | SOFIA | 5 046 000 |
| DELTA | GREECE | food industry | DELVI | 4 925 000 | |
| PLANZEE TIZIT | AUSTRIA | industry | INSTRUMENT AD | GABROVO | 4 678 000 |
| BNP-DRESDNER BANK BULGARIA AD | GERMANY, FRANCE | finance | BNP-DRESDNER BANK BULGARIA AD | SOFIA | 3 600 000 |
| HELIAN COMMODITIES | NETHERLANDS | food industry | PRIMA M | POLSKI TRAMBESH | 3 315 000 |
| ISIKLAR HOLDING | TURKEY | paper | TZELHART | STAMBO-LIISKI | 2 424 000 |
| SWEDISH MATCH | SWEDEN | prod. of safety-match | PLAM BULGARIA | 1 881 000 | |
| NESTLE | SWITZERLAND | food industry | NESTLE | SOFIA | 1 574 000 |
| CLASMAN ENTERPRISES | CYPRUS | hotel | HOTEL LONGOZA | NESEBAR | 1 496 200 |
| FAF METAL SANAYI VE TICARET LTD | TURKEY | industry | SHUMENSKO PIVO | SHUMEN | 1 325 000 |
| HYUNDAI | KOREA | industry | EAD ELPROM-TRAFO | SOFIA | 1 300 000 |
| GLOTRACO LTD | CYPRUS | hotel | GLARUS | ZL. PIASATZI | 1 298 000 |
| BRANDEX | DENMARK | industry | DETELINA AD | LIUBIMETZ | 1 152 000 |
| NOREKOM GMBH | GERMANY | paper | VELPA-91 | STRAZHI-TZA | 1 146 374 |
| FINMOS, INFOTECHNOLOGY | FRANCE | electronics | SILWAY BULGARIA | SOFIA | 1 011 000 |
| CABLE AND WIRELESS | UK | communikations | MOBICOM | SOFIA | 929 000 |
| ROLLMANN | GERMANY | clothing | PIRINTEX | GOTZE DELCHEV | 870 000 |
| DEN HAAN GROUP | BELGIUM | instruments | ZAVOD ZA INSTRUMENTALNA EKIPIROVKA | GORNA MALINA | 833 000 |
| ABB | GERMANY | electrical engineering | ABB AVANGARD | SEVLIEVO | 721 000 |
| VINPROM SERVICE KORK | PORTUGAL | wine | TARGOVISHTE | 721 000 | |
| VERIMARK MARKETING Ltd. | CYPRUS | hotel | HOTEL VELIKO TARNOVO | VARNA | 700 000 |
| HUN-EX | HUNGARY | hotel | HOTEL TINTIAVA | VARNA | 664 500 |
| PROFITECH ENTERPRISES | CYPRUS | paper | UNIPAK | PAVLI-KENI | 583 000 |
| BINDL ENERGIETECHNIK | GERMANY | machinebuilding | MEFUMA EOOD | ROUSSE | 556 000 |
| THACE PAPER MILL | GREECE | paper prod. | KMH BELOVO | BELOVO | 420 503 |
| BRAMACK DACHSYSTEME | AUSTRIA | building materials | BEKER EOOD | SILISTRA | 417 000 |
| LIIB TOBACO MIHAILIDIS | GREECE | industry | OBOSOB.CHAST STRUMA AD | SANDAN-SKI | 405 000 |
| DAEWO | KOREA | hotel | SHERATON | SOFIA | 384 000 |
| LIFTON | UK | industry | LIFTON BULGARIA | RUSSE | 380 000 |
| GPP INTERNATIONAL | building materials | BETON 96 | PERNIK | 350 000 | |
| KARISA | LIECHTENSTEIN | shoe industry | STARA REKA AD | PESHTERA | 300 000 |
| GREINER-DIPPA | AUSTRIA | building materials | ZINOM OOD | MONTANA | 288 600 |
| YTONG HOLDING | GERMANY | building materials | YTONG BULAGARIA | SOFIA | 266 000 |
| BOLKAN RESTORANTS | GREECE | restorants | RUBIN | SOFIA | 260 000 |
| HOLDERBANK | SWITZERLAND | cement industry | BELOIZVORSKI CEIMENT | 255 000 | |
| AUTO RICAMBI SRL | ITALY | hotel | HOTEL PRAGA | VARNA | 210 000 |
| ROLF ROETGERS GMBH & CO KG | GERMANY | industry | STIL TRIKO EOOD | VELIN-GRAD | 200 000 |
| KITTNER | machinebuilding | M3-KALOIANOVO | KALOIANOVO | 200 000 | |
| ENA | GREECE | trade | SUPERMARKET | SOFIA | 196 000 |
| RAM FOOD COMPANY LTD SOFIA | clothing | KABILE | YAMBOL | 189 000 | |
| SOLTON TRADING | GERMANY | electronics | AKUSTICHNA TEHNIKA | SOFIA | 150 000 |
| HAINER & PETER ROESLER | GERMANY | clothing | BORIANA AD | CHERVEN BRIAG | 117 000 |
| CRISTINA GAMBINI | ITALY | shoe industry | KOCHO CHESTIMENSKI | PLOVDIV | 111 815 |